|Min SIP Amount||₹100|
|NAV||₹16.70 (03 Jul 2020)|
|Fund Started||12 Nov 2013|
|Fund Size||₹6,106 Cr|
|India Infradebt Ltd.||Construction||NCD||4.1%|
|India Infradebt Ltd.||Construction||NCD||3.6%|
|India Grid Trust||Engineering||NCD||3.5%|
|Reliance Industries Ltd.||Energy||NCD||3.3%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||2.9%|
|Manappuram Finance Ltd.||Financial||NCD||2.7%|
Nippon India Short Term Fund Direct Dividend is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 12 Nov 2013. Prashant R.Pimple is the Current Fund Manager of Nippon India Short Term Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹6,106 Cr and the Latest NAV as of 03 Jul 2020 is ₹16.70.
The Nippon India Short Term Fund Direct Dividend is rated Moderately Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500.
It aims to generate stable returns for investors with a short-term investment horizon by investing in fixed income securities of a short-term maturity.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.